Accountancy, asked by dimplemandhan, 6 months ago

Example 7. Ram, Shyam and Krishna are partners in a firm sharing profit & loss
equally. They decided to share future profit in the ratio of 2:3:5. For this purpose the
goodwill of the firm was valued at 3,00,000. Pass necessary adjustment entry.​

Answers

Answered by princesarswat661
0

60000,90000,150000

Explanation:

add all ratios with each other answer will come10 put 10 as denominator in all ratio 2/10,3/10,5/10 and one by one multiply with 300000 answers are2/10×300000=60000,3/10×300000=90000×5/10×300000=150000

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